Sold

347-349 Broadway, Cambridge, MA

Cambridge · MA 02139

$2,850,000
Price
10
Beds
4
Baths
7454
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1868
Units: 4 Units
Lot size: 6,624 Sq.Ft Lot
Price per square foot: $436 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

*New price!* This Cambridge property is truly a rare find! Legally converted into four condos and zoned for residential or office (O-1) use, this oversized multi-family offers the savvy investor unparalleled flexibility. Restore the larger 4-story building into three residential condos or continue development as a commercial property. The free-standing single-family home on the same lot features three floors of living space, 3 beds/2 baths, a porch, and parking. The office building is leased until 10/31/22 for $12,420/month and the single-family is leased until 8/31/22 for $4,550/month. This property features a private parking lot with four spots and the location offers convenient access to Inman Square, Central Square, Harvard, and MIT. Incredible opportunity awaits!

Neighborhood & Transit

Mid Cambridge

347-349 Broadway, Cambridge · MA 02139

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Central Red 0.32 mi

Price Insight

Days on Market:
1467 days
Listing Price:
$3,250,000
Price per Sq.Ft:
$436
Tax Assessment:
$3,520,800 in 2021
Taxes:
$2,540 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
3
Half Bathrooms
2
Living Area
7,454 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
6,624 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Matt Gorman
Listing office
EDGE Realty Advisors
MLS PIN #
72966794
Disclosure
Property consists of 2 free-standing buildings legally divided into 4 units (3 in one building, 1 in the other). The 3-unit building is currently leased to a single commercial tenant but is zoned for O-1 or RES usage. The 1-unit is leased to a residential tenant. Must be sold together.